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you're right wade; I should have day-traded GERN the past couple months instead...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174377431&txt2find=psix
PSIX printing $10+; I think the back-door has become the front-door! :)
There's been plenty of talk on PSIX($7.20)...
https://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardid=26218&searchstr=psix&srchyr=2023
This post on KEQU($46.95) hasn't aged well...
CNN digging a grave for Biden after the debate. Opinions: good for the market tomorrow?
Probably just a matter of time @FanDuel. I personally think my day job of playing the market is gambling enough! :)
Thanks nelson. I think I'd take the over on both, by a little
No position. The stock has had an amazing run...
KEQU($37.09) reports after the close; any WAGs on EPS for the quarter?
re PSIX($6.19): I'm sure a refi at cheaper rates is at the top of the list for 2024 goals, but I have no knowledge of any progress in that area...
Any thoughts on the ALAR meltdown today? I don't see any news
Can you consider allowing short picks as well? At this point, I'm finding wayyyy more short ideas than long....
re ETCC($1.65): I think the just-reported Q4(Feb) results are the most relevant,
and the gross margin in that quarter was 33.5%...a very nice sequential improvement over Q3 (27.7%). Given that Q4 revenues were about $16M (a quarterly level I expect to persist throughout FY25), I'm relatively confident that the gross margin will be similar as well. Hence my expectation that EPS could approximate $.15-17 quarterly during FY25.
IMO this quote from the company's annual report supports my position: "With another strong backlog, and with continued improvement in gross profit and operating margins, we look forward to a solid fiscal 2025. ETC’s growth in orders and margins, along with its expansion into new markets, is a testament to its team of hard working and dedicated employees and their loyalty, passion and pursuit of excellence."
Also, this quote from the company's Q3 earnings PR (dated 1/12/24) suggests margins in FY24 were suppressed as the company geared up to fill the huge backlog: "Gross profit margin percentage was negatively affected during the 2024 fiscal first three quarters as the Company began to ramp up employment early in the year to handle the significant increase in backlog." I think Q4 results are evidence that these negative effects may largely be in the rear-view mirror...we'll see...
It seems to never end with KTCC...
ITEM?1.05 MATERIAL CYBERSECURITY INCIDENTS
As disclosed in the Original Report, on May 6, 2024, the Company detected unauthorized third party access to portions of its information technology (“IT”) systems (the “cybersecurity incident”). Upon detection of this outside threat, the Company activated its cyber incident response procedure to investigate, contain, and remediate the incident, including engaging external cybersecurity experts to help investigate the scope and impact of the cybersecurity incident and notifying law enforcement. The cybersecurity incident caused disruptions, and limitation of access, to portions of the Company’s business applications supporting aspects of the Company’s operations and corporate functions, including financial and operating reporting systems.
As a precautionary measure, the Company halted domestic and Mexico operations for approximately two weeks during remediation efforts, but other international operations continued without disruption. As of the date of this filing, the Company’s operations and corporate functions have been restored, and we believe that the unauthorized third party no longer has access to the Company’s IT systems.
Since the date of the Original Report, the Company has determined that the threat actor accessed and exfiltrated limited data from the Company’s environment, which includes some personally identifiable information. The Company is in the process of providing appropriate notifications to potentially affected parties and to regulatory agencies as required by applicable law.
The Company has also incurred, and may continue to incur, expenses related to the cybersecurity incident, including approximately $600,000 to date related to external cybersecurity experts. The Company believes that the impact to profit margins due to lost production for approximately two weeks in its domestic and Mexico operations and the incremental expense measures to recover from and remediate the cybersecurity incident will have a material impact on the Company's financial condition and results of operations during the fourth quarter ending June 29, 2024.
Forward-Looking Statements. This Current Report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements address the Company’s expectations or beliefs regarding future events, actions or performance, including the investigation, containment and remediation of the cybersecurity incident and the impact on the Company, including its financial condition and results of operations. Factors that could affect future developments and performance include the completion of the Company’s investigation, the possibility that containment and remediation may not be successful, the improper use of exfiltrated information and related regulatory proceedings or litigation and other risks and factors contained in the documents that the Company has filed with the Securities and Exchange Commission.
FACO($3.96) printing 16-year high; surprised there wasn't much board interest in this one
ETCC($1.42) is a no-brainer IMO
YE backlog was $109M. The company says, "We expect to recognize approximately 59% of the total sales backlog as of February 23, 2024 over the next twelve (12) months and approximately 91% over the next twentyfour (24) months as revenue, with the remainder to be recognized thereafter."
Doing the math you get FY25 revenues of about $64M, a very nice surge from this year's $43M. It also suggests quarterly revenues of about $16M...and the company just reported EPS of $.17 on about $16M in revenues. It's not a stretch to estimate the company might report FY25 EPS of $.65+ based on this information.
And they would still have a backlog of about $45M. And they just PR'd $16M in new contracts on May 6 which are not included in the year end backlog. And the next 3 EPS comps are ($.08), ($.04) and $.02
ETCC shares are headed (much) higher IMO
Me too...grrrr
MINDP($15.32) printing new high today; the company's offer to exchange 3.9 MIND shares for each MINDP share equates to a value of about $23 per MINDP
MIND reports quarterly results after the close tonight. The stock is up about 35% in a week, suggesting someone's expecting strong results...
Very strong Q4(Feb) results at ETCC($1.55); $.17 vs ($.10)
Revenues up 87% to $16.4M; backlog remains historically high at $109M; upcoming Q1 comp looks like a layup against a loss of $.08/share last year on just $7.7M in revenues...
https://finance.yahoo.com/news/etc-announces-fiscal-2024-full-212400807.html
Joined you on a few SGRP($2.10), but the buyout still seems somewhat speculative...
This is from the PR yesterday: "The letter of intent does not provide for any agreement to consummate the proposed acquisition or any other transaction, or the requirement of participation in any negotiations toward any definitive agreement by either party therein, and no such obligation or agreement will be deemed to exist unless and until a definitive agreement has been executed, which definitive agreement may contain terms materially different from those proposed in the letter of intent. The proposed acquisition will be subject to satisfactory completion of due diligence by Highwire, the approval by a majority of the Corporation’s shares of common stock at a special meeting, the receipt of any necessary regulatory approvals and completion of any further closing conditions."
MITQ($.825) up 50% at one point today on very heavy volume...hearing anything?
I picked up some Berkshire Hathaway A-shares @$186 today;
glad I left that GTC order out there :)
Technical issues briefly halt trading for some NYSE stocks in the latest glitch to hit Wall Street
NEW YORK (AP) A technical issue caused the temporary halt for some stocks listed on the New York Stock Exchange Monday, including at least one whose price briefly fell nearly 100%.
Berkshire Hathaway, the company run by famed investor Warren Buffett, saw its A-class shares plunge 99.97% to $185.10 from Fridays closing price of $627,400, before its trading was halted. After the shares later resumed trading, they immediately recovered all those losses and shot toward $700,000.
Throughout the halt, Berkshire Hathaways lower-priced B-class shares, which typically trade in concert with the A-class shares, seemed to trade more normally.
The New York Stock Exchange said in a trading update on Monday that trading was halted in a number of stocks following a technical issue related to the publication of some pricing data. Impacted stocks have since reopened (or are in the process of reopening) and the price bands issue has been resolved, it said shortly after 11 a.m. Eastern time.
The exchange did not give a full list of stocks affected, but trading of Berkshire Hathaways A-class shares was halted at 9:50 a.m. Eastern time, just before the NYSE first said it was investigating a technical issue.
Its not the first glitch to hit Wall Street recently. Last week, S&P Dow Jones Indices said an issue prevented the publication of real-time pricing for its widely followed S&P 500 index for more than an hour during Thursdays late-morning trading.
The industry has just moved to a new system where the settlement of stock trades happen much faster than they used to. Now, most stock trades need to settle in one business day after a deal is made, instead of the prior requirement of two days.
The change was suggested by of the Securities and Exchange Commission suggested after the meme-stock craze of early 2021 put an incredible strain on the markets plumbing, which eventually led some brokerages to restrict buying of GameStop and other stocks. That caused much anger among their customers.
[zzzz] ...don't buy it...
I've been nibbling on PFHO($.74). Simple story here...
I'm expecting the company to announce a special dividend late this week, probably equivalent to the $.10/share they paid out last year at this time. My expectation is based on the fact that the company has almost the same amount of cash @3/31/24 ($10.82M, or about $.85/share) as they did @3/31/23 ($10.84M).
Q1'24 results showed nice growth as well, with revenues, income from operations, and net income up 6.5%, 112% and 51%, respectively...
Is it me, or is Marte mailing it defensively lately!?
PSIX($3.95) is a back-door AI play, IMO
While Q1 revenues were down 18% overall, the company reported a revenue increase of $17.3 million in the power systems end market (from $44.6M to $62M). According the Q1 PR, "Higher power systems end market sales are primarily due to increased demand for products across various applications, with the largest increases attributable to products used within the packaging market such as enclosures serving the fast-growing data center market ..."
Power Systems revenues accounted for an impressive 65% of Q1'24 revenues, versus just 38% in Q1'23. Also, I would argue that Power Systems revenues are more profitable than the company's other segments, as overall gross margin rose from 20% in Q1'23 to 27% in Q1'24.
Trading at a trailing 12-month P/E of just 3, PSIX remains a very compelling value in my opinion.
I've only shorted <5 times over the years so I don't have any input on that issue. Thanks for your input on Schwab
Question for my fellow new-Schwab account holders...
Has anybody run into difficulty trading another Schwab account in addition to their own. I manage a couple accounts for family members and when I tried to log on to one yesterday, it locked me out and him out! Now it appears he has to submit a request to allow me to trade the account, and I have to fill out some on-line form. Grrr
TSRI getting bought out at $13.40/share
Everybody got their DJIA40000 hats ready? :)
SNFCA($6.78) reports Q1 $.34 vs $.06
Book value is about $13.90/share
...hasn't hit the wire yet..
Could be right on DWSN but new management team seems extremely focused on the bottom line...
I liked these "goals" from the PR: improving margins on our seismic acquisition services, reducing general and administrative expenses, and improving our operating cash flows
DWSN($1.75) impresses with Q1 EPS $.19 vs ($.02); I grabbed a few for a trade...
https://www.otcmarkets.com/stock/DWSN/news/story?e&id=2858558
Does DTRK qualify?
Not that it's any of your business, but I have 13000 SKAS at an average cost of $5.15
Why do you ask??
SKAS($10.12) printing 7-year high; P/E soars to 4
re PSIX($2.53): the 2024 EPS estimate according to Yahoo Finance has moved from $1.22 60 days ago, to $1.55 7 days ago, to $1.75 currently. Also, the analyst's price target is $10/share
I'm adding again today...
Buy AAOI?! Less than an hour ago you said "I don't trust management guidance of $500M next year. They've come short every quarter on guidance. Amazingly investors seem to believe them- too much for me"
I've never really understood the appeal of this one
...ain't that the truth! Agreed
AAOI($10.87) whipsaws investors; now up and powering higher
I didn't see anything in the report to account for the reversal, did you?
...I guess you could say the stock is Back in (the) Black?